The Impact of Tether’s Recent Minting Activities
TL;DR Tether’s $1 Billion USDT Minting: Tether recently minted an additional $1 billion in USDT amidst a downturn in the cryptocurrency market, raising doubts about the...
Tag : Stablecoin
Bitcoin and Stablecoins: The Innovative Project by Umoja and Merlin Chain
TL;DR Umoja and Merlin Chain join forces to launch USDb, a new stablecoin backed by Bitcoin. USDb stands out for its backing in tokenized trading...
Tether Takes Action Against Illicit Use of Digital Assets
by jose
TL;DR Tether’s Blacklisting Operation: Tether has blacklisted several wallet addresses, cumulatively holding $21.2 million in USDT, as part of its ongoing efforts to combat the...
Reaching the Peak: Stablecoins Market at $142 Billion
by Fernando
TL;DR Stablecoin market capitalization reaches $142 billion, its highest since 2022. Tether (USDT) and USD Coin (USDC) lead the rise, with USDT reaching $98 billion....
Hoskinson on Cardano’s Rise, Stablecoins, and the Taylor Swift of Blockchain
by jose
TL;DR Charles Hoskinson, co-founder of Cardano, likens the trajectory of his blockchain network to Taylor Swift’s rise to fame. He attributes Cardano’s success to innovative...
M^0 Labs Launches Crypto Dollars Backed by U.S. Treasuries on Ethereum
by jose
TL;DR M^0 is a new protocol that allows institutions to issue stablecoins backed by U.S. Treasuries on Ethereum. M^0 tokens are more stable, scalable, interoperable, and...
A New Kind of Stablecoin: Figure Technologies Applies for SEC Approval
by jose
Figure Technologies, a prominent player in the crypto industry, has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking approval for an...
Solana Hits Record $300B Stablecoin Volume in January
by jose
Solana, a rising star in the world of blockchain, has achieved a new milestone with a record-high stablecoin transfer volume of $300 billion in January....
Tether in the Center of the Storm: Becomes the Currency of Choice for Money Laundering, UN Warns
by Fernando
Tether (USDT) has become an increasingly preferred tool for money launderers and fraudsters in Southeast Asia, a report from the United Nations Office on Drugs...
Binance Futures Unleashes $170,000 USDC Rewards to Elevate Perpetual Contracts
Binance Futures has initiated a fresh promotional campaign, offering rewards totaling $170,000 in USDC to boost engagement and awareness of its recently introduced USDC-margined perpetual...